Godrej Industries looks attractive, says SP Tulsian

Godrej Industries is looking attractive at current levels, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, “One stock looks quite good i.e. Godrej Industries. If you see the upmove having taken place in this stock price of Godrej Consumer and Godrej Properties. In fact, both the stocks are held by this company. Godrej Industries is the promoter of Godrej Properties, so that stock looks quite good.”
He further added, “Cairn India, things are looking quite good from the current level and it can move up by about 5-7 percent in next four-five days. Next stock which I will pick and choose is Adani Enterprise because having taken a beating probably the offer-for-sale (OFS) process will get little slowdown and now this stock having corrected to such a level can show a rise of about maybe Rs 15-20 in next week or so.”
“Pantaloon Retail is expected to exit from their insurance business from both life and general. Because the stock has remained quite subdued and we have been seeing the accumulation happening in the stock for last four-five days. So, these are few ideas where one can take the positions on the long side with the expiry week.”